Welltower Inc. $WELL Shares Purchased by Analyst IMS Investment Management Services Ltd.

Analyst IMS Investment Management Services Ltd. lifted its position in Welltower Inc. (NYSE:WELL) by 5.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,913 shares of the real estate investment trust’s stock after acquiring an additional 99 shares during the period. Analyst IMS Investment Management Services Ltd.’s holdings in Welltower were worth $294,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Fairfield Financial Advisors LTD grew its position in Welltower by 47.1% during the 2nd quarter. Fairfield Financial Advisors LTD now owns 26,519 shares of the real estate investment trust’s stock worth $4,077,000 after purchasing an additional 8,492 shares during the period. New York Life Investment Management LLC grew its position in Welltower by 3.5% during the 2nd quarter. New York Life Investment Management LLC now owns 93,347 shares of the real estate investment trust’s stock worth $14,350,000 after purchasing an additional 3,134 shares during the period. Howard Capital Management Inc. grew its position in Welltower by 37.9% during the 2nd quarter. Howard Capital Management Inc. now owns 4,114 shares of the real estate investment trust’s stock worth $632,000 after purchasing an additional 1,130 shares during the period. Purkiss Capital Advisors LLC grew its position in Welltower by 135.9% during the 2nd quarter. Purkiss Capital Advisors LLC now owns 6,960 shares of the real estate investment trust’s stock worth $1,070,000 after purchasing an additional 4,010 shares during the period. Finally, May Hill Capital LLC grew its position in Welltower by 5.7% during the 2nd quarter. May Hill Capital LLC now owns 1,380 shares of the real estate investment trust’s stock worth $212,000 after purchasing an additional 74 shares during the period. 94.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on WELL shares. Evercore ISI increased their price target on Welltower from $175.00 to $183.00 and gave the stock an “in-line” rating in a research report on Monday, September 15th. Scotiabank increased their price target on Welltower from $181.00 to $182.00 and gave the stock an “outperform” rating in a research report on Monday, October 6th. UBS Group reaffirmed a “buy” rating on shares of Welltower in a research report on Tuesday. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Welltower in a research report on Tuesday, September 2nd. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Welltower in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Welltower has an average rating of “Moderate Buy” and an average target price of $186.43.

Welltower Price Performance

NYSE:WELL opened at $180.05 on Wednesday. Welltower Inc. has a 52 week low of $123.11 and a 52 week high of $189.53. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $120.42 billion, a PE ratio of 124.17, a price-to-earnings-growth ratio of 2.04 and a beta of 0.92. The stock’s 50-day moving average price is $170.79 and its 200-day moving average price is $159.97.

Welltower (NYSE:WELL) last posted its earnings results on Monday, October 27th. The real estate investment trust reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.30 by $0.04. Welltower had a return on equity of 2.80% and a net margin of 9.69%.The firm had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.70 billion. During the same period last year, the firm earned $1.11 EPS. The company’s quarterly revenue was up 30.7% on a year-over-year basis. Welltower has set its FY 2025 guidance at 5.240-5.300 EPS. As a group, equities analysts expect that Welltower Inc. will post 4.88 EPS for the current fiscal year.

Welltower Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 20th. Investors of record on Tuesday, November 11th will be paid a $0.74 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $2.96 dividend on an annualized basis and a yield of 1.6%. Welltower’s dividend payout ratio (DPR) is currently 167.23%.

About Welltower

Welltower Inc (NYSE:WELL), a real estate investment trust (“REIT”) and S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. Welltower invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.